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Thread: £32.6m turnover delivers "positive" £14.3m loss

  1. #1
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    £32.6m turnover delivers "positive" £14.3m loss

    Could only be Sevco

    https://www.bbc.com/sport/football/46052295

    at it all over again

  2. #2
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    No wonder because they know when it all goes to **** they can just reform over and over again but still be exactly the same "club" 😒
    The The The Rangers, it's all Dundee United's fault you know.

  3. #3
    ffs - some spin that!! They shouldnt be allowed to compete making a loss. Teams in Germany and others are prevented from that after admin or liquidation. WTF??

  4. #4
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    The truth is out now. We were wrong about Stephen Thompson. He was badly misunderstood. To think we have let such a financal wizard and club builder slip out of our grasp!

  5. #5
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    Quote Originally Posted by Shedboy1971 View Post
    ffs - some spin that!! They shouldnt be allowed to compete making a loss. Teams in Germany and others are prevented from that after admin or liquidation. WTF??
    Indeed, but someone should ask the question, if the loss for that year is £14.3m, how much debt overall is this new club carrying? there were rumours of near £30m debt before this ‘little’ revelation! Financial fair play? yir havin a laff

  6. #6
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    Quote Originally Posted by ahlltanyirhide View Post
    Indeed, but someone should ask the question, if the loss for that year is £14.3m, how much debt overall is this new club carrying? there were rumours of near £30m debt before this ‘little’ revelation! Financial fair play? yir havin a laff
    I donít think there is financial fair play in Scotland? Might be in some European competitions.

    Would SFA be keen to implement financial fair play given where it might lead ...

  7. #7
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    Quote Originally Posted by LSArab View Post
    I don’t think there is financial fair play in Scotland? Might be in some European competitions.

    Would SFA be keen to implement financial fair play given where it might lead ...
    Maybe not in Scotland directly, however, UEFA have rules governing the amount of spending and debt related to annual income for teams looking to compete in European competition. These kunts must be issuing shares or something to offset the amount of debt, whichever way they do it though can only end in tears, hopefully, fingers crossed, please, please if there is a God up there

  8. #8
    it is a perfectly legal way of doing it BUT we should be man marking the clubs who have entered admin and liquidation. With clear rules. Revenue expenditure set it at 50% for 10 years then 75% for 5 then on ya go kill yersel.

    That would stop this ****

    Dundee apparently near £5mill of concern now. A quick Can i have my ground back and they are gone. Nelms seems to be doing a homer simpson into bushes too.

    granted we aint flush and lots of soft loans so not sure how you compare this. BUT we have never been in admin nor ****ed up local businesses

  9. #9
    dundee fc pay nothing for their ground. the landlord needs to sort that oot.

    Hearing he might start.

    Camperdown anyone??

  10. #10
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    It was in the Courier how much on average each club pays their top 21 players.

    If I remember correctly it was something like

    Celtic £750,000 each player
    The Rangers £450,000 each player
    Aberdeen £180,000 each player
    Hibs £140,000 each player
    Hearts £140,000 each player
    Dundee £55,000 each player

    Why could The Rangers not steady their ship and pay more like Aberdeen?

  11. #11
    55k a year - thats minimum wage right?

  12. #12
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    Quote Originally Posted by Shedboy1971 View Post
    55k a year - thats minimum wage right?
    1000 pound a week. No bad for a Funster.

  13. #13
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    Oh and on average

    Man U £5,500,000 each player.

  14. #14
    that is just mind blowing

  15. #15
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    Quote Originally Posted by Shedboy1971 View Post
    that is just mind blowing
    It does appear so, however, probably proportional to the clubs income. Personally I think £55k a year is excessive for any football player

  16. #16
    Quote Originally Posted by Jim_Jam View Post
    It was in the Courier how much on average each club pays their top 21 players.

    If I remember correctly it was something like

    Celtic £750,000 each player
    The Rangers £450,000 each player
    Aberdeen £180,000 each player
    Hibs £140,000 each player
    Hearts £140,000 each player
    Dundee £55,000 each player

    Why could The Rangers not steady their ship and pay more like Aberdeen?
    Rangers' players wages surely isn't the biggest surprise in that list. Anyone that watched Dundee's game midweek must be wondering who the hell can justify being on £55,000 a year in that team.

    I imagine we had players on similar wages the year we went down and to think of the amount of season tickets that need sold to cover one player's wages is frightening.

    A big problem is that some of these unbelievably sh1te players look at the above figures and feel that they're hard done by.

    They lose some games and feel justified in downing tools because they're on a poor wage compared to some of their fellow professionals.

    Bunch of tossers who don't appreciate the unbelievable chance they have been given.

  17. #17
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    Quote Originally Posted by spikeontheright View Post
    Rangers' players wages surely isn't the biggest surprise in that list. Anyone that watched Dundee's game midweek must be wondering who the hell can justify being on £55,000 a year in that team.

    I imagine we had players on similar wages the year we went down and to think of the amount of season tickets that need sold to cover one player's wages is frightening.

    A big problem is that some of these unbelievably sh1te players look at the above figures and feel that they're hard done by.

    They lose some games and feel justified in downing tools because they're on a poor wage compared to some of their fellow professionals.

    Bunch of tossers who don't appreciate the unbelievable chance they have been given.
    But they're traumatised because they've been asked to do a bit of extra training, they're psychologically damaged by seeing pictures of decent players on the wall and their nerves are shattered because someone in the stand said they were rubbish. Poor little snowflakes.

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